Ohhhhhhhh no.....r u sure z residence can reach 450psf......initial i think the is only 320 ~ 360psf, bcos it will build around 1000 unit ...not like Kiara only 300++.

I said Kiara also overpriced but "Beh liao liao" bersih bersih, I feel so surprise

I can attribute this phenomenon to 2 factors only:-
1. BBB market is still heating
2. Purchasing power in OUG Happy Garden, Sri Petaling BJ is double of Puchong

Kiara residence units mostly BLOCKED by their so called 'purchaser' but is infact are the directors/shareholders/relatives/family/ staff and they are loooking for quick buck. Very soon you'll see ppl start released these 'so call' SOLD units.

UFO, what do u mean by double consent ?

I thought a bumi unit cannot be sold to non-bumi ?

Has any non-bumi ever buy a bumi unit in Bukit Jalil ? Last time I went to land office, they say it is not allowed ie. consent cannot be given.

Only leasehold and Mala Reserved Land applied. BJ freehold alright, trust me many cases through

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Added on February 11, 2011, 10:43 pmBumi to non-bumi, 1st consent application will rejected (becoz title has restriction), 2nd appeal will overwrite becoz freehold

This post has been edited by UFO-ET: Feb 11 2011, 10:43 PM

ufo-et - you are confirmed bukit jalil, sri petaling, oug taikor!!!

thanks for the information...

Dun mention. It's a pleasure to share share info. Just a tip for you, watch up for RRIM!!

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Added on February 12, 2011, 2:30 amHo Hup targets 3Q to complete revamp

KUALA LUMPUR: Beleaguered Ho Hup Construction Company Bhd aims to complete its restructuring exercise by the third quarter (3Q), according to its board.

This is notwithstanding the outcome of its dispute with Malton Bhd concerning the joint development agreement (JDA) of a 60-acre (24 hectares) plot in Bukit Jalil, which is Ho Hup's crown jewel.

At its EGM on Thursday, Feb 10, the board declined comment on speculation that Ho Hup is negotiating with Malton to alter the terms of the JDA and may reach an out of court settlement.

To recap, Ho Hup filed a suit in April 2010 seeking the court to declare that the JDA entered into between its 70%-owned subsidiary Bukit Jalil Development Sdn Bhd (BJD) and Pioneer Heaven Sdn Bhd (PHSB), a unit of Malton, is void.

It was reported that the board was unhappy with the terms of the JDA, which was approved by the previous board. Under the agreement, PHSB would be the project's sole financier and BJD would be entitled to a 17% share of the project's gross development value (GDV) or a minimum of RM265 million. The freehold land would be developed into a mixed and commercial development.

"The value of this land (60 acres in Bukit Jalil), even through outright sale, is considerably higher than the debts of the group," said Ho Hup executive director Derek Wong. "The board has not taken any decisions (should there be an outcome from the court), although we may plan to dispose or develop the land, or enter into an alliance with more favourable terms."

Speaking to the press after the EGM, Wong said Ho Hup's restructuring exercise would include the acquisition of new assets from its white knight investor as well as a corporate exercise. He added that the company still needs to carry out capital reduction as part of the restructuring, although the timing and amount have yet to be finalised.

"Following this, Ho Hup will focus on property development, as well as growing the existing ready-mix concrete business and niche construction works for which we still have the in-house expertise," he said. "Going forward, we would like property development to contribute more than 50% of revenue."

Last November, Ho Hup, a Practice Note 17 (PN17) company, announced the emergence of a white knight investor in Plenitude Frontier Sdn Bhd, of which Raymond Tan is a majority shareholder. Tan is an independent non-executive director of IJM Land Bhd and PanGlobal Bhd as well as CEO of Capital Land Sdn Bhd.

In what could be seen as a reverse takeover, Ho Hup proposed to acquire from Plenitude Frontier two property development firms — Fivestar Development (Puchong) Sdn Bhd and Kolektra Recreation Sdn Bhd — for a total of RM46.8 million via the issuance of new shares, which translate into about a 31.45% stake in the enlarged share capital of Ho Hup. Fivestar and Kolektra own landbanks in Puchong.

"The exercise will benefit both parties as we would be able to leverage on Tan's experience while strengthening Ho Hup's balance sheet," said Ho Hup's CFO Ivan Oh.

Shareholders at the EGM approved the disposal by BJD of a 3.32-acre site in Bukit Jalil to Bayu Melati Sdn Bhd for RM9.55 million.

There are currently no activities in Ho Hup's construction and property divisions, except for its ready-mix concrete business that is still operational.

According to Wong, the company plans to expand its pre-mix business in the long term, with plans to erect new plants in addition to its three plants in Meru, Bukit Jalil and Terengganu.

He added that the company was in the midst of seeking a three-month extension from Bursa Malaysia Securities for its PN17 regularisation plan to May 4, 2011.

Ho Hup closed 3.5 sen lower at 53.5 sen on Thursday, with 275,000 shares traded.

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Added on February 12, 2011, 11:35 amAnyone has the latest information on jalil city? Is Malton in or out? When is the expected launched date? Any change to the design or masterplan?

Thanks in advance!


This post has been edited by Cocoon: Feb 12 2011, 11:35 AM

for all the talk about the lrt station and the link road from esplanad... anyone know the chances that such plans may change?

ufo-et - sorry - not sure what you mean by rrim... can elaborate?

Work has been started for lrt expansion (clearing land behind esplanad and soil test at bukit oug). The timing of opening the link road is a question mark...

RRIM - Rubber Research Institute of Malaysia at sungai buloh

Work on LRT extensions to start next month
Friday, February 4th, 2011 08:33:00

LRT LINE EXTENSION: 17km extension to be completed in stages and expected to be operational by 2014
PETALING JAYA: Work on the first phase of the extension to the Kelana Jaya Light Rail Transit (LRT) line will start next month.
This was confirmed by Syarikat Prasarana Negara Bhd (Prasarana) group managing director Shahril Mokhtar in an exclusive interview with The Malay Mail.
“The rail extension project will begin next month from Kelana Jaya to Lembah Subang to Glomac Business Centre. It’s a 4km stretch for a start.”
The proposed extension project, also known as the LEP, will then be extended further through Subang, USJ and ending at the LRT hub in Putra Heights.
Shahril said the 17km extension will be constructed in stages. “It will be built gradually, over time, after the public feedback is wrapped up on certain alignments and also once clearances are obtained from local authorities as well as the State government,” he said, adding that the extension line will have 13 new stations.
All stations will have the necessary facilities which include lifts, escalators, surau and toilets. They will also be equipped with facilities for the disabled such as ramps, lifts, tactiles, low ticket counters and toilets.
The Malay Mail understands the proposed stations are the only transit ones in the Klang Valley with accessibility for handicapped users.
“LEP will be commissioned by end of 2013 and from our planning drafts, the LRT extension line will be operational by 2014,” said Shahril.
In November, Prasarana announced Trans Resources — the construction arm of public-listed TRC Synergy Bhd — would undertake the Kelana Jaya extension project under a contract worth RM950 million over 30 months to undertake a 9.2km extension from the Kelana Jaya station to Summit (Station No. 7).
The sub-contractors for the fabrication and delivery of segmental box girder jobs worth RM93.16million, expected to take 21 months to complete, are UEM Builders Bhd and Intria Bina Sdn Bhd.
Prasarana also announced the main contractors for the new 7.4km stretch from the Seri Petaling station to Station No. 5 on the Ampang line would be Bina Puri Holdings Bhd and Tim Sekata.
Apart from this contract valued at RM634.64mil, expected to take 27 months to complete, both firms were also given the RM67.7 million contract for fabrication and delivery of segmental box girder jobs, which is expected to take 19 months to complete.
The tender for the facilities works under Package B for both lines will be called upon approval of the final railway scheme, expected by the middle of this year.
Package B will involve a 7.8km extension from Station 7 to the Putra Heights station on the Kelana Jaya line while the Ampang line will be extended another 10.3km from Station No. 5 to the Putra Heights Station.


I took a few pictures few days ago, saw some workers like clearing the land near the Esplanad exit junction to OUG, 2 containers were placed at the road side, shd be something there


Attached thumbnail(s)

I checked the LRT map, plot 36456 is actually the location of the LRT !

Jaya Jusco should be behind the Bukit Jalil Park facing the Puchong highway,.

You seems like dun get what I explained earlier and challenge my fact and research, I might not 100% correct but did heard some inside news, I shd stop comment further now

Please explain in more detail as I didn't understand what you were saying previously.

Taiko UFO previous post.....pls hv a llok

Jaya Jusco property division has been sourcing Bkt Jalil land since 2008, reliable source shows that JJ is eyeing a piece of 22 acres land behind Jalil Sutera, this land is where the new LRT line's proposed station, I see the possibility that Prasarana is looking for free land cater for car park, if JJ acquisition/leasing is successful, then the Jalil station with 350 parking lots will be located in line with JJ car park, it is a win win situation for JJ and Prasarana, the same happen to the JJ Cheras Selatan car park, 1 station is proposed. since there are no proper supermarket in vicinity area, JJ shd position itself into this raw mkt, the buying power is double of Puchong

The written English is too 'sophisticated and muddy'.

Does this mean it will be on the same plot of land as the LRT ie. side by side ?

Maybe u can go JJ cheras selatan hv a look there. HAHAHAHA...

I went to JJ cheras but didn't see any LRT next to it.

Nobody here can explain in a simple and clear manner ?

what 4 we marah-marah over here. Just wait 4 another 2 year....we know the result oledi...

It is possible that the car park for LRT station is shared with JJ. So the station is either inside JJ or next to JJ lor ...
But it is also possible that JJ is going to be located at Jalil City and not next to awan besar LRT station..